Stanford Charitable Corp

Analysis

Stanford Charitable Corp is a registered charity in United States, based in Gainesville, TX. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Stanford Charitable Corp reported income of $154k and spending of $78k, leaving 50% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $132k to $154k (+16%), an average of +7.8% a year. The sharpest change came in the year to September 2023, when income rose by 29%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stanford Charitable Corp sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Society of St Vincent de Paul Diocesan Council of Houma-Thibodau ($154k), Human Edvancement ($154k) and Providence World Ministries Inc ($154k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 25% of the total. Compensation of current officers, directors and key employees was $26k (34% of expenses). Other salaries and wages came to $11k. At year end it held assets of $480k against liabilities of $1,857, net assets of $478k. It reported 3 employees.